Oil is confidently rising in price, the price of Brent rose to $76.42 per barrel
16:27 09.12.2021 5965
Oil prices are rising on Thursday on new signals that the spread of the omicron COVID-19 strain will not have such serious consequences for the global economy as initially expected, Interfax reported.
On the eve of the American Pfizer and the German BioNTech SE published preliminary results of laboratory studies regarding the effectiveness of the vaccine against the omicron strain. Studies have shown that three doses of the vaccine provide the same level of protection against omicron as two doses against the common COVID-19 virus.
«Traders are beginning to realize that while the omicron may lead to some weakening in demand, the impact will not be as dire as expected», Phil Flynn, senior oil analyst at Price Futures Group, said.
The cost of February Brent oil futures on the London ICE Futures exchange by 8:15 Moscow time on Thursday is $ 76.42 per barrel, which is $ 0.6 (0.79%) higher than the price at the close of the previous session. As a result of trading on Wednesday, these contracts rose by $ 0.38 (0.5%) – to $ 75.82 per barrel.
The price of WTI crude oil futures for January in electronic trading on the New York Mercantile Exchange (NYMEX) is by this time $ 73.06 per barrel, which is $ 0.7 (0.97%) higher than the final value of the previous session. By the close of trading on Wednesday, the value of these contracts increased by $ 0.31 (0.4%) and amounted to $ 72.36 per barrel.
Following the results of the 5th meeting of the Turkmen-Chinese Committee for Cooperation, a package of documents was signed
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US Ambassador to Turkmenistan believes that Caspian gas pipeline will support EU energy security
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Serdar Berdimuhamedov will discuss development of Turkmen-Chinese cooperation with Vice Premier of the State Council of the People's Republic of China
Today, November 22, a video communication system will be held between the Vice-Chairman of the Cabinet of Ministers of Turkmenistan Serdar Berdimuhamedov and a member of the Standing Committee of the Politburo of the Central Committee of the Communist Party of China, Vice Premier of the State Council of the PRC Han Zheng. This was reported by Xinghua news agency with reference to the official representative of the PRC Foreign Ministry Zhao Lijian.
Turkmenistan launched initiatives to expand partnerships within the framework of the EU-Central Asia format
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Turkmenistan joined the Agreement on the establishment of the Global Green Growth Institute
President Gurbanguly Berdimuhamedov signed the law of Turkmenistan «On joining the Agreement on the establishment of the Global Green Growth Institute». The document was published on Monday in the Neutral Turkmenistan newspaper.